TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

J-CURVE [1 record]

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Alphabetical list of terms

Record 1 2000-07-12

English

Subject field(s)
  • Foreign Trade
  • Statistical Graphs and Diagrams
DEF

The curve followed by a country's balance of payments after its currency has been devalued. Initially, the balance of payments will worsen because of the flow of goods already in inventory and transit and contracts signed before the devaluation occurred. But as importers and exporters adjust to the price impact of the devaluation, the country's balance of payments will turn around and begin to improve. There is nothing automatic about this; there may be other factors that militate against the J-curve to some extent, in addition to the time it takes for firms to adjust.

Key term(s)
  • J-curve

French

Domaine(s)
  • Commerce extérieur
  • Diagrammes et graphiques (Statistique)

Spanish

Campo(s) temático(s)
  • Comercio exterior
  • Diagramas y gráficos estadísticos
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